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NBL - Look Beyond The Apparent At Noble Energy And Delek Group
Noble Energy Inc - Ordinary Shares
Newspapers across the Middle East are running a plethora of positive stories about the huge offshore Israeli gas field Leviathan and its midwife, Noble Energy (NBL). Delek Group Ltd (OTCPK:DGRLY) is an Israel-based firm partnering in the work. Retail investors ought to approach NBL and Delek cautiously and not let the excitement of this gas find nor their sympathies for Israel’s newfound energy prosperity color their thinking. The financial impact of Leviathan is likely to improve the financial condition of the two firms but success depends on management’s ability to control